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companies are earning big money. we've got a real problem here. we want to do the right thing and we want to protect people. that is the end of may. i call on senator ihop. >> i want to thank you for holding this important hearing. you and your staff to put a great deal of time and effort into preparing the investigative report the committee released today. i also want to thank those at the federal and state levels who have pushed for the legal action. i want to recognize a former colleague, lisa madigan, the attorney general in illinois who i worked with. she has been active in this field and i welcome heard here this morning. for more than a decade, new hampshire has had a primer for responding to a practice known as cramming. when i served as the state's top law enforcement officer, and oversaw an active protection -- consumer protection bureau which include the publication of consumer protection source book and brochures to provide individuals with information how to protect against cramming. in new hampshire, the public utilities commission is authorized to find service providers and
. >> so things like use of petty cash -- that could be quite big sums of money or small -- at the moment you just record that the journalist gave it to somebody. >> yes, and i don't have direct knowledge of all of those arrangements. >> i was going to ask if payments could have been made to family members of those alleged to have been hacked and similar, but is it possible that other forms of remuneration can be used in your company apart from cash and bank transfers? i am talking of things like travelers checks, vouchers and things that can be redeemed for cash. >> i don't have knowledge of that. >> just looking at some of your corporate governance -- page 2 and page 4 of your own code -- it mentions directors, employees and officers of news corporation acting to the principles set forth, including consultants, agents, suppliers and business partners adhering to the standards. it says, "we may never ask a third party to perform any act that would violate these standards." can you tell me a little bit more, especially on the financial side, how you, as an organization, try and make that
of timetable to have an agreement on big issues like tax reforms, social security reform, medicare reform, markede reform. they're all necessary. they are inevitable if we're going to do these but to do them on the compressed time frame i think was just too ambitious. they need to turn to the task of getting the debt ceiling raised and go back to dealing with the underlying problem which is the size of the programs and the fact that they are leaving so much debt. host: how much of factor was entitlement programs and what led to the end? guest: well, i wasn't in the room so no one knows for sure but i think there reall is an imbalance in what i have heard between the time and attention spent on reforming entitlemts, white house pretty much adamant against changing their basic structure. theywon't survive in the current form so that's not gog to help versus the time and attention spent on raing taxes which in the end will not solve this problem. we can't tax our way out. so it was a mismatch and mr. boehner finally decided they need to try another approach. host: from your previous stafment
Search Results 0 to 2 of about 3